Bitcoin's Price Weakness and Macro Disconnect

Bitcoin's price weakness increases the odds of a $104K retest, with top buyers capitulating as the price failed to reclaim their average cost basis since July. This slide to $104,376 comes despite one of the largest global liquidity expansions since the pandemic, highlighting a significant disconnect. The Federal Reserve injected $125 billion in overnight repos last week, while China’s M2 money supply hit a record $47.1 trillion — more than double that of the U.S.

Corporate Bitcoin Accumulation

Despite price challenges, Strategy is deepening its Bitcoin bet with a bold new move—issuing euro-denominated preferred stock to raise capital for further BTC accumulation and corporate growth.

Privacy Coins Show Strength

Privacy coins are in focus this November as Zcash, GHOST, and Dash post major rallies, with technicals suggesting further upside if key support levels hold.

Zcash (ZEC) keeps defying market weakness, climbing nearly 180% in a month while most coins fell. Still, rising leverage, a bearish RSI divergence, and growing liquidation risks hint that bulls may soon face their first real challenge — even as whale inflows keep fueling momentum toward $594.

Broader Market Liquidity Challenges

The Federal Reserve’s biggest liquidity boost in years has failed to lift crypto markets—offset by reverse repos and fear, the sector remains trapped in a volatile tug-of-war.